Currency Markets

WINNIPEG – The Canadian moved upwards by nearly one quarter of a United States cent on Monday. The loonie closed at US$0.7343 or US$1=C$1.3619, compared to US$0.7320 or US$1=C$1.3661 on Friday. The U.S. Dollar Index shed 0.44 of a point at 106.21. Crude oil prices eased off on Monday amid concerns over the conflict between […] Read more

WINNIPEG – The Canadian dollar was moving upwards on Monday morning despite an easing of crude oil prices. The loonie was at US$0.7341 or US$1=C$1.3622, higher than Friday’s close of US$0.7320 or US$1=C$1.3661. The United States Dollar Index was down 0.18 of a point at 106.47. Crude oil prices were lower as the world braces […] Read more

By MarketsFarm   WINNIPEG, Oct. 13 (MarketsFarm) – The Canadian dollar held relatively steady on Friday, lacking any clear direction despite a rally in crude oil as the currency saw some consolidation ahead of the weekend. The Canadian dollar settled at US$0.7320 or US$1=C$1.3661 on Friday, which compares with Thursday’s close of US$0.7322 or US$1=C$1.3657. […] Read more

By MarketsFarm   WINNIPEG, Oct. 13 (MarketsFarm) – The Canadian dollar was slightly softer Friday morning despite gains in crude oil. At 8:57 a.m. CDT Friday morning the Canadian dollar was at US$0.7313 or US$1=C$1.3674, which compares with Thursday’s close of US$0.7322 or US$1=C$1.3657. Sales of existing homes in Canada fell by 1.9 per cent […] Read more

By MarketsFarm   WINNIPEG, Oct. 12 (MarketsFarm) – The Canadian dollar weakened relative to its United States counterpart on Thursday as U.S. inflation data beat expectations. The Canadian dollar settled at US$0.7322 or US$1=C$1.3657 on Thursday, which compares with Wednesday’s close of US$0.7351 or US$1=C$1.3603. Inflation in the U.S. held steady in September, with the […] Read more

By MarketsFarm WINNIPEG, Oct. 12 (MarketsFarm) – The Canadian dollar was slightly softer relative to its United States counterpart Thursday morning. At 9:11 a.m. CDT Thursday morning the Canadian dollar was at US$0.7333 or US$1=C$1.3637, which compares with Wednesday’s close of US$0.7351 or US$1=C$1.3603. Inflation in the U.S. held steady in September, with the country’s […] Read more

By MarketsFarm   WINNIPEG, Oct. 11 (MarketsFarm) – The Canadian dollar was slightly softer on Wednesday, as losses in crude oil weighed on the energy-linked currency. The Canadian dollar settled at US$0.7351 or US$1=C$1.3603 on Tuesday, which compares with Tuesday’s close of US$0.7358 or US$1=C$1.3591. The value of building permits issued in Canada increased by […] Read more

By MarketsFarm   WINNIPEG, Oct. 11 (MarketsFarm) – The Canadian dollar was holding steady Wednesday morning, lacking any clear direction. At 8:57 a.m. CDT Wednesday morning the Canadian dollar was at US$0.7361 or US$1=C$1.3585, which compares with Tuesday’s close of US$0.7358 or US$1=C$1.3591. The value of building permits issued in Canada increased by 3.4 per […] Read more

By MarketsFarm   WINNIPEG, Oct. 10 (MarketsFarm) – The Canadian dollar was stronger on Tuesday, rebalancing with its United States counterpart after Canadian markets were closed Monday for Thanksgiving. The Canadian dollar settled at US$0.7358 or US$1=C$1.3591 on Tuesday, which compares with Friday’s close of US$0.7308 or US$1=C$1.3683. The conflict between Hamas and Israel caused […] Read more

WINNIPEG (MarketsFarm) – The Canadian dollar was stronger Tuesday morning as activity resumed after Monday’s Thanksgiving holiday. At 8:55 a.m. CDT Tuesday morning the Canadian dollar was at US$0.7357 or US$1=C$1.3592, which compares with Friday’s close of US$0.7308 or US$1=C$1.3683. The conflict between Hamas and Israel caused crude oil bids to jump higher on Monday […] Read more